Brief: Verbund H1 EBITDA Up At EUR 2.26 Bln

VERBUND AG

27/07/2023 07:03

July 27 (Reuters) - VERBUND AG  VERB.VI :
    * RESULTS FOR QUARTERS 1–2/2023: STRONG INCOME TREND IN THE
FIRST
HALF OF 2023
    * EXPECTS EBITDA OF BETWEEN AROUND EUR 3,800M AND EUR 4,200M
AND A
REPORTED GROUP RESULT OF BETWEEN AROUND EUR 2,050M AND EUR
2,300M IN FINANCIAL YEAR 2023
    * PLANNED DIVIDEND PAYOUT RATIO FOR 2023 IS BETWEEN 45% AND
55% OF
GROUP RESULT OF APPROXIMATELY EUR 2,070M TO EUR 2,320M
    * H1 EBITDA CLIMBED BY 63.6% YEAR-ON-YEAR TO EUR 2,255.2M
    * H1 GROUP RESULT ROSE BY 57.5% TO EUR 1,287.2M
    * TAXATION OF WINDFALL REVENUES OF INFRAMARGINAL POWER
GENERATORS
IN AUSTRIA FROM DECEMBER 2022 ONWARDS AND CORRESPONDING WINDFALL
PROFITS IN ROMANIA HAD A NEGATIVE IMPACT OF AROUND EUR 172M ON
GROUP'S RESULT

Source text for Eikon:  ID:nEQTbrkla 
Further company coverage:  VERB.VI 

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